Monthly Archives: January 2014



Birmingham to Get Two New Office Towers

Posted on 6 January, 2014 by Cliff Goodwin under Commercial Developments

Work is expected to start this year on two multi-million pound office developments in the centre of Birmingham. The two office blocks — less than half-a-mile apart on either side of the city’s Snowhill railway station — are both expected to be... Read More

Commercial Construction growing at Fastest Rate Since 2007

Posted on by Kirsten Kennedy under Commercial Developments, Economy

Construction firms enjoyed a hugely successful 2013, with the Help to Buy scheme introduced in the latter part of the year contributing significantly to the number of projects underway. However, the latest data released by the Markit/CIPS Purchasing... Read More

John Lewis reveals Ambitious Growth Plans for Next Decade

Posted on by Kirsten Kennedy under Business News

This Christmas, as has been the case for many before, the undisputed champion of the high street was undoubtedly John Lewis. With most of the department store chain’s outlets across the country managing to break store records in the run up to Christmas Day,... Read More

Deira Opens Its First Freehold Office Tower

Posted on 5 January, 2014 by Cliff Goodwin under Worldwide Property News

Capitalising on its winning bid to stage Expo2020, Dubai has opened the first freehold commercial property in the centre of Deira. The 12-storey Centurion Star Tower is a joint venture between Royal Star International and Centurion Residence Limited... Read More

Analysts predict that 2014 will be a Good Year for the US Office Market

Posted on by Jodee Redmond under Economy, Worldwide Property News

The US office market has been on an upward curve since the economy began the slow recovery from recession. November's employment figures were much better than expected with 203,000 jobs created nationwide. In October 200,000 jobs were added, which... Read More

New Zealand Commercial Sales hit Six Year High

Posted on 4 January, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

A rash of high-value commercial transactions has confirmed New Zealand’s emergence from the global property downturn with total sales for 2013 at a six year high. “The recovery is being reflected across all sectors of our business. The market is... Read More

Ottawa Commercial Property Industry Finds Retaining Staff a Challenge says Survey

Posted on by Jodee Redmond under Worldwide Property News

Recruiting and retaining staff is a challenge for the commercial property industry in Canada's national capital, Ottawa, according to the results of a survey conducted by the Building Owners and Managers Association and Hays, a recruiting firm. Over... Read More

Irish Hotel Market Heats Up

Posted on by Cliff Goodwin under Commercial Sales and Lets

Ireland’s tourism and hospitality industries are reflecting the country’s financial upturn with more than £116m worth of hotel deals either sealed or underway. Within the past few months sales have been agreed on 15 hotels, together worth €96m ,... Read More

Newcastle aims to Become Sustainable City of the Future

Posted on 3 January, 2014 by Cliff Goodwin under Business News

Newcastle University has unveiled is vision of urban sustainability by committing £50m to making the city a “living laboratory” of future technologies. The pioneering plan, which could take two decades to complete, involves building a Science City... Read More

Debenhams Profits Warning Prompts Resignation

Posted on by Cliff Goodwin under Business News

The department store chain Debenhams has suffered its second winter of disastrous trading with poor Christmas sales prompting a £30m drop in pre-tax profits. Analysts had been expecting profits of at least £110m for the six months to April, 2014. But... Read More